North American Light and Power Company - History

History

Clement Studebaker, Jr. (1871–1932) was born the son of Clement Studebaker (1831–1901), the carriage and automobile manufacturer of South Bend, Indiana.

In 1911, the company founded by the Studebaker brothers joined forces with Everitt-Metzker-Flanders Company of Detroit to form the Studebaker Corporation. In one of his several executive positions, Clement Studebaker, Jr. served as Vice President of the E-M-F Company.

By 1916 Clement Studebaker, Jr. had formed the publicly traded North American Light and Power Company, and issued stock, with certificates printed by the American Banknote Company.

Clement Studebaker, Jr. also served as President and Chairman of the Board of the Illinois Power and Light Company (and of its subsidiary, the Illinois Traction Company), the South Bend Watch Company, and as Treasurer of the Chicago South Shore and South Bend Railroad.

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